Real Estate Investment Properties for Sale in Alpena, SD

Looking for investment property in Alpena, SD with high ROI ?

Explore a variety of short-term homes & houses in Alpena, SD. Invest wisely with VRBO & Alpena, SD Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Alpena, SD

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
425 5th St Alpena, SD Remodeled and move-in ready, this 2 bedroom, 1 bathroom home offers modern updates and inc...	2 beds \| 1 baths \| 2,479 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $1274 Airbnb ROI: N/A Traditional ROI: 4.85%
Investment Properties for Sale in Other Cities of South-dakota
11991 Oak Drive Whitewood , SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	4 beds \| 3 baths \| 4,760 sq.ft.	$1,299,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.48% Airbnb Rental Income: $null Traditional Rental Income: $3228 Airbnb ROI: N/A Traditional ROI: 1.48%
3712 S Hawthorne Ave Sioux Falls , SD Centrally located, Ranch-style home featuring 3 bedrooms and 1 full bath on the main floor...	3 beds \| 2 baths \| 912 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $1776 Airbnb ROI: N/A Traditional ROI: 4.9%
7812 Tuscan Club Cir Sioux Falls , SD Come check out this well-maintained ranch in a highly sought after exclusive neighborhood ...	5 beds \| 4 baths \| 4,068 sq.ft.	$1,049,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.58% Airbnb Rental Income: $null Traditional Rental Income: $3799 Airbnb ROI: N/A Traditional ROI: 1.58%
3017 S Keyrell Dr Sioux Falls , SD This beautifully maintained split foyer home features 5 bedrooms, 3 bathrooms, and a spaci...	5 beds \| 3 baths \| 1,956 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $2968 Airbnb ROI: N/A Traditional ROI: 5.66%
110 Hamilton Circle Aberdeen , SD Nicely updated zero entry TWIN HOME located on a quiet cul-de-sac with easy access to shop...	4 beds \| 3 baths \| 3,204 sq.ft.	$389,900	Airbnb cash on cash: 4.5% Traditional cash on cash: 3.52% Airbnb Rental Income: $3337 Traditional Rental Income: $2234 Airbnb ROI: 4.5% Traditional ROI: 3.52%
7101 W Jacob St Sioux Falls , SD Here is a three bed, two bath, two car garage home for sale. It is a well-maintained home ...	3 beds \| 2 baths \| 1,837 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.09% Airbnb Rental Income: $null Traditional Rental Income: $760 Airbnb ROI: N/A Traditional ROI: 0.09%
815 NE 15th Avenue Aberdeen , SD Great main floor condominium - NO STEPS!!Open concept. Secure building w/cameras, key and...	2 beds \| 2 baths \| 1,298 sq.ft.	$139,500	Airbnb cash on cash: 4.03% Traditional cash on cash: 10.11% Airbnb Rental Income: $1341 Traditional Rental Income: $1743 Airbnb ROI: 4.03% Traditional ROI: 10.11%
817 W 12th St Sioux Falls , SD It's a great time to buy a house and this just might be your new home. Large back yard wit...	2 beds \| 2 baths \| 1,276 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.58% Airbnb Rental Income: $null Traditional Rental Income: $1760 Airbnb ROI: N/A Traditional ROI: 7.58%
601 S Prairie Ave Sioux Falls , SD Welcome to your next home-full of charm, character, and modern comforts! From the moment y...	3 beds \| 1 baths \| 1,317 sq.ft.	$226,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $1674 Airbnb ROI: N/A Traditional ROI: 5.5%
708 S 31st Street Spearfish , SD For more information, please contact listing agent Michael Warwick 605-641-2569 with Great...	3 beds \| 2 baths \| 1,920 sq.ft.	$397,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.9% Airbnb Rental Income: $null Traditional Rental Income: $1282 Airbnb ROI: N/A Traditional ROI: 0.9%
2810 S Oriya Pl Sioux Falls , SD Discover luxury, maintenance-free living at The Shores Townhomes, located in the prestigio...	3 beds \| 4 baths \| 2,520 sq.ft.	$875,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $2580 Airbnb ROI: N/A Traditional ROI: 0.63%
1301 N 2nd Street Aberdeen , SD This beautifully maintained home is packed with value and potential! Featuring a fully rem...	2 beds \| 1 baths \| 1,836 sq.ft.	$260,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.19% Airbnb Rental Income: $1341 Traditional Rental Income: $1393 Airbnb ROI: 1.3% Traditional ROI: 3.19%
931 S Kline Street Aberdeen , SD Move right into this stunning, fully remodeled 2+ story home! With 4 bedrooms and 2.5 bath...	3 beds \| 3 baths \| 2,845 sq.ft.	$349,900	Airbnb cash on cash: 5.72% Traditional cash on cash: 2% Airbnb Rental Income: $3172 Traditional Rental Income: $1232 Airbnb ROI: 5.72% Traditional ROI: 2%
2538 Meadows Drive Sturgis , SD Listed by Sarah Peterka Keller Williams Realty-Black Hills Spearfish 605-661-2802. One of ...	3 beds \| 2 baths \| 2,193 sq.ft.	$383,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $2637 Airbnb ROI: N/A Traditional ROI: 4.78%
811 S Ibis Street Aberdeen , SD Experience the next level of luxury in Meadowlark Acres. This isn't just a new build; it's...	5 beds \| 4 baths \| 3,732 sq.ft.	$637,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.47% Airbnb Rental Income: $null Traditional Rental Income: $3972 Airbnb ROI: N/A Traditional ROI: 5.47%

Real Estate investment in Alpena, SD

There are 1 properties for sale in the city of Alpena . The median list price in Alpena is $189,950 and the average price per square foot is $110. In March 2026, the average monthly cash on cash return in Alpena is 5.00%. The average monthly rental income in Alpena is $1,274.

Alpena, SD Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 1 investment properties available for sale in Alpena.

The ROI for Short-Term is higher than the Long-Term in Alpena with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Alpena, SD

425 5th St

Alpena, SD

2 beds | 1 baths | 2,479 sq.ft.

$189,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1274

Airbnb ROI: N/A

Traditional ROI: 4.85%

Investment Properties for Sale in Other Cities of South-dakota

Whitewood , SD

4 beds | 3 baths | 4,760 sq.ft.

$1,299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.48%

Airbnb Rental Income: $null

Traditional Rental Income: $3228

Airbnb ROI: N/A

Traditional ROI: 1.48%

Sioux Falls , SD

3 beds | 2 baths | 912 sq.ft.

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.9%

Airbnb Rental Income: $null

Traditional Rental Income: $1776

Airbnb ROI: N/A

Traditional ROI: 4.9%

Sioux Falls , SD

5 beds | 4 baths | 4,068 sq.ft.

$1,049,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3799

Airbnb ROI: N/A

Traditional ROI: 1.58%

Sioux Falls , SD

5 beds | 3 baths | 1,956 sq.ft.

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2968

Airbnb ROI: N/A

Traditional ROI: 5.66%

Aberdeen , SD

4 beds | 3 baths | 3,204 sq.ft.

$389,900

Airbnb cash on cash: 4.5%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $3337

Traditional Rental Income: $2234

Airbnb ROI: 4.5%

Traditional ROI: 3.52%

Sioux Falls , SD

3 beds | 2 baths | 1,837 sq.ft.

$335,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.09%

Airbnb Rental Income: $null

Traditional Rental Income: $760

Airbnb ROI: N/A

Traditional ROI: 0.09%

Aberdeen , SD

2 beds | 2 baths | 1,298 sq.ft.

$139,500

Airbnb cash on cash: 4.03%

Traditional cash on cash: 10.11%

Airbnb Rental Income: $1341

Traditional Rental Income: $1743

Airbnb ROI: 4.03%

Traditional ROI: 10.11%

Sioux Falls , SD

2 beds | 2 baths | 1,276 sq.ft.

$180,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.58%